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MISSISSIPPI FACT SHEET
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Population
Per-capita income
Earnings per job
Poverty rate
Total number of jobs
Unemployment rate
Percent employment change
Farm & farm related jobs
Top export commodities
Farm characteristics
Farm financial indicators
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POPULATION, EMPLOYMENT, AND INCOME
State Metro Nonmetro
Population
1980 2,520,770 716,144 1,804,626
1990 2,575,475 775,674 1,799,801
Latest(1997) 2,730,501 860,825 1,869,676
Per-capita income (1996 dollars)
1995 17,143 20,069 15,815
1996 17,561 20,336 16,292
Change 2.4% 1.3% 3.0%
Earnings per job (1996 dollars)
1995 22,667 25,320 21,216
1996 22,912 25,199 21,650
Change 1.1% -0.5% 2.0%
Poverty rate
1980 23.9 17.1 26.6
1990 25.2 18.2 28.3
Latest(1995-96) 22.1 N/A N/A
Total Number of Jobs
1995 1,378,925 487,656 891,269
1996 1,399,533 497,740 901,793
Unemployment Rate
1996 6.1 4.2 7.1
1997 5.7 4.0 6.6
Percent employment change
1994-95 1.1 1.0 1.2
1995-96 -0.1 1.7 -1.0
1996-97 1.0 1.2 0.8
Percent of 1995 employment in farm and farm related jobs:
Total 19.2 13.2 22.6
Production 4.4 1.3 6.2
Farm Inputs 0.5 0.1 0.7
Proc. & Mark. 4.6 1.6 6.3
Whol.& Retail 9.2 9.8 8.8
FARM CHARACTERISTICS
1992 Census of Agriculture
TOTAL LAND AREA (million acres) 30.0
TOTAL FARMLAND (million acres) 10.2
of total land area 33.9%
CROPLAND (million acres) 6.5
of total farmland 64.0%
irrigated 13.6%
in pasture 20.4%
in Fed. farm program 1.7%
in Conservation Reserve 5.0%
WOODLAND (million acres) 2.3
of total farmland 22.7%
in pasture 36.0%
PASTURELAND (million acres) 1.0
of total farmland 9.4%
OTHER LAND (million acres) 0.4
of total farmland 3.9%
AVERAGE FARM SIZE (acres) 318.0
FARMS BY SIZE
1 to 99 acres 41.1%
100 to 499 acres 44.3%
500 to 999 acres 7.9%
1,000 to 1,999 acres 4.3%
2,000 or more acres 2.5%
FARMS BY SALES
Less than $50,000 81.7%
$50,000 to $99,999 3.9%
$100,000 to $499,999 10.9%
More than $500,000 3.6%
TENURE OF FARMERS
Full owner (farms) 20,168
Percent of total 63.0%
Part owner (farms) 8,856
Percent of total 27.7%
Tenant (farms) 2,974
Percent of total 9.3%
FARM ORGANIZATION
Individuals/family corporations (farms) 28,985
Percent of total 90.6%
Partnerships (farms) 2,754
Percent of total 8.6%
Non-family corporations (farms) 128
Percent of total 0.4%
Others (farms) 131
Percent of total 0.4%
Avg. Operator Age (yrs.) 55
Perc. w/ farming as their 45.2%
principal occupation
FARM FINANCIAL INDICATORS
Farm Income and Balance Sheet Statement
Year 1995 1996
Number of farms 42,000 44,000
Million $
Final crop output 1,302.9 1,634.3
+ Final animal output 1,712.5 1,923.4
+ Services and forestry 416.2 436.0
= Final agricultural sector output 3,431.6 3,993.7
- Intermediate consumption outlays 2,164.2 2,341.0
+ Net government transactions 71.5 125.1
= Gross value added 1,338.9 1,777.8
- Capital consumption 274.1 280.3
= NET VALUE ADDED 1,064.8 1,497.5
- Factor payments 488.5 533.8
Employee compensation (total hired labor) 149.7 171.0
Net rent received by nonoperator landlords 137.3 147.3
Real estate and nonreal estate interest 201.5 215.6
= NET FARM INCOME 576.3 963.7
Farm Balance Sheet as of December 31: 1995 1996
FARM ASSETS 13,099.3 13,654.2
Real estate 9,644.3 9,912.0
Nonreal estate 3,455.0 3,742.1
FARM DEBT 2,502.7 2,389.5
Real estate 1,336.3 1,410.4
Nonreal estate 1,166.4 979.1
EQUITY 10,596.6 11,264.7
RATIOS Percent
Debt/equity 23.6 21.2
Debt/assets 19.1 17.5
TOP 5 AGRICULTURE COMMODITIES, 1996
% of State Tot. % of US
Commodity Farm Receipts Tot.Val.
1. Broilers 34.5 8.6
2. Cotton 20.9 9.7
3. Soybean 9.4 2.0
4. Aquaculture 7.9 35.7
5. Chicken eggs 4.4 3.2
All Commodities 1.7
TOP 5 AGRICULTURE EXPORTS, ESTIMATES, FY 1997
Rank Among
States Value
Commodity
Million $
1. Cotton and linters 4 238.8
2. Soybeans and products 11 210.7
3. Poultry and products 5 205.7
4. Rice 5 74.6
5. Wheat and products 25 40.1
Overall 23 821.2
TOP 5 COUNTIES IN AGRICULTURAL SALES 1992
Percent of State's
Total Receipts Million $
1. SCOTT 5.8% 135.1
2. SUNFLOWER 5.5% 129.3
3. BOLIVAR 5.0% 116.1
4. WASHINGTON 4.9% 113.7
5. HUMPHREYS 3.9% 91.2
State Total 2,336.7
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